City services are financed by a property tax that is based on the Jefferson County assessed value and, at this time, is $0.12 per $100.00 assessed value. The fiscal year for the city runs from July 1 through June 30. Tax bills are mailed by November 1 for payment by December 31.
In addition to the property taxes, there is an insurance premium tax assessed to insurance premiums for automobiles, homes, first time life and health insurance. Again, city services are financed by this tax. In order for the city to receive proper payment of this tax, it is important that you notify your insurance agent that you reside in the City of Coldstream not in the City of Louisville.